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Servotech Power Systems Ltd is an NSE-listed EV charging solution manufacturer. It has been awarded a major project by Bharat Petroleum Corporation Limited (BPCL). The fast EV chargers of 800 units will be installed at various locations in India over the next four months.
The project’s value is Rs 46.2 crore. Servotech will equip major Indian cities’ petrol pumps with EV charging capabilities under the project. The execution of the project has already begun in Delhi. The entire project is expected to be completed before March 31, 2023.
Servotech will be responsible for the commissioning, installation, and maintenance at a variety of locations, including BPCL’s retail stores and fuel and gasoline stations.
This project will ensure that e-mobility touchpoints are deployed to address transactions, discovery, and navigation so that users of electric vehicles have easy access to the charging networks.
“This project extends our commitment of providing shared or public-charging devices offering high-speed charging for mass adoption. [Our] high-power charging systems will provide EVs with a virtually fully recharged battery in just a few minutes of charging, for drivers who would want to stop at a fuel station requiring a quick high-powered charge,” said Raman Bhatia, founder, and managing director, Servotech Power Systems.